Banking and finance

We are working to highlight how open data can enhance financial technology (FinTech) and banking and bring broad benefits to customers, regulators and industry.

If implemented effectively, open banking will unlock innovation that will transform and improve the customer banking experience.

Open data and open systems have the power to reduce friction in the economy, and boost innovation and competition to help stimulate growth. They can also help people identify efficiencies and open up new ways to trade, encouraging transparency and collaboration throughout networks across the sector.

We are seeking input from experts in the field, engaging them to join the discussion as ODI Members, bloggers and advisors.